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Fiserv, Bank of America Connect Through Viewpointe

Tags » Bank of America, Check Imaging, Fiserv

Fiserv has announced it is now exchanging checks with Bank of America through Viewpointe, a provider of check image exchange and archive services in the United States. The agreement enables Bank of America to connect to thousands of endpoints on the Fiserv Clearing Network, while allowing other Fiserv customers to exchange images directly with Bank of America.

"Fiserv has invested significantly in moving the industry toward full check electronification," said Tom Warsop, Fiserv group president for financial institutions. "By partnering with key industry players such as Viewpointe and Bank of America, and establishing the Fiserv Clearing Network, we can expand our image and clearing services between thousands of our bank clients and other large volume banks."

"Partnering with critical aggregators like Fiserv not only expands Bank of America's industry leading check image clearing capability, but also dramatically broadens the image exchange landscape for the financial services industry," said John Feldman, image and electronic payment services executive at Bank of America. "Viewpointe is a key partner in our efforts to greatly improve our efficiencies and is committed to bringing exchange partners together for further industry interoperability."

Viewpointe chief executive officer Lou Buglioli explained, "This electronic exchange relationship between two important financial technology providers, Fiserv and Viewpointe, and Bank of America is a win for all three and the industry as a whole. By combining massive image volumes and growing our reach to even more endpoints, we're continuously increasing the value of electronic image exchange exponentially."


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